TNT UK has clinched a major three year deal with the Home Office for the secure delivery of passports and related documents, motortransport.co.uk can reveal. The logistics operator will take over the contract from incumbent DX Group in January, following a competitive tender, which saw DX Group knocked out of the running in May this year. At the time DX Group expressed its disappointment and said it had bid on “commercially realistic terms”. Read more TNT UK sees continuing loss as […]
Whistl is to take a controlling stake in its business after negotiating a deal with former owner PostNL, which is set to be signed once the details have been confirmed.
TNT reduced its pre-tax loss and saw its global revenue rise in its final full financial year ahead of its €4.4bn (£3.2bn) purchase by FedEx.
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.